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Comptabilité et inflation
Burlaud, Alain - HAL - 1979
L'ouvrage traite des modes de prise en compte, dans les états financiers, de l'évolution des prix. Il les resitue dans un cadre théorique et présente les méthodes de réévaluation partielle ou totale des bilans.
Persistent link: https://www.econbiz.de/10008790816
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Caminos de papel: las controversias monetarias en la Independencia del Perú
Romero, Dionisio De Haro - HAL - 2013
El objeto de la presente ponencia es profundizar en el análisis de la iniciativa monetaria más relevante que el gobierno de San Martín desarrolla durante la guerra de Independencia, El Banco Auxiliar de Papel Moneda. El estudio centra la investigación en el análisis comparativo entre el...
Persistent link: https://www.econbiz.de/10010899212
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Which predictor is the best to predict inflation in Europe: the real money-gap or a nominal money based indicator?
Dufrénot, Gilles; Joyeux, Roseline; Peguin-Feissolle, Anne - HAL - 2008
central banks' monetary policy must be credible if the authorities want to curb inflation. A second view is that central banks … set their monetary policy by using all the information relevant for inflation and output projections. In Europe, a … controversy has emerged about the role of monetary aggregates as useful indicators of future inflation and output. On one hand …
Persistent link: https://www.econbiz.de/10008793951
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The fiscal theory of the price level puzzle: A non Ricardian view
Bénassy, Jean-Pascal - HAL - 2005
The fiscal theory of the price level says that the price level can be made determinate if the government uses fiscal policies such that government liabilities explode unless the price in the first period is at the "right" level. The policy implications are disturbing, as they call for rather...
Persistent link: https://www.econbiz.de/10010929080
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On policy interactions among nations : when do cooperation and commitment matter ?
Kempf, Hubert; Thadden, Leopold Von - HAL - 2008
This paper offers a framework to study commitment and cooperation issues in games with multiple policymakers. To reconcile some puzzles in the recent literature on the nature of policy interactions among nations, we prove that games characterized by different commitment and cooperation schemes...
Persistent link: https://www.econbiz.de/10010738606
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New-Consensus Macroeconomic Governance in a Keynesian world, and the Keynesian alternative
Asensio, Angel - HAL - 2006
The paper presents both the New Consensus and Keynesian equilibrium within the usual fourcompetitive macro-markets structure. It gives theoretical explanations of the perniciouseffects that the NCM governance, which has been designed for ergodic stationary regimes,brings about in Keynesian...
Persistent link: https://www.econbiz.de/10008789572
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Monetary and budgetary-fiscal policy interactions in a Keynesian heterogeneous monetary union
Asensio, Angel - HAL - 2006
The paper studies the effects of heterogeneity upon the monetary and fiscal-budgetary policy interactions in a Keynesian monetary union. As a result of interactions, some of our results contrast sharply with the ones in studies that consider separately monetary, fiscal and budgetary policies....
Persistent link: https://www.econbiz.de/10008792215
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Monetary and budgetary-fiscal policy interactions in a Keynesian context: revisiting macroeconomic governance
Asensio, Angel - HAL - 2005
Because it was designed for efficient stationary regimes, the New-Consensus Macroeconomic governance carries several drawbacks when implemented in Keynesian non-ergodic regimes. As long as Keynesian unemployment is interpreted in terms of 'natural' rate, it serves as a macroeconomic policy...
Persistent link: https://www.econbiz.de/10008792469
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The macroeconomic governance of the European Monetary Union: A Keynesian perspective
Asensio, Angel - HAL - 2005
inflation restson a consensual distribution of income. Second, authorities should abandon any "optimal rule"designed in order to …
Persistent link: https://www.econbiz.de/10008792744
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Financial Repression, Tax Evasion and Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs
Villieu, Patrick; Minea, Alexandru - HAL - 2006
In this paper, we study maximizing long-run economic growth trade-off in monetary and fiscal policies in an endogenous growth model with transaction costs. We show that both monetary and fiscal policies are subject to threshold effects, a result that gives account of a number of recent empirical...
Persistent link: https://www.econbiz.de/10008793684